bitpontBITPONT / EXPIRY EXPOSURE
Synthetic futures.
Choose your expiry.
Combine calls and puts for linear exposure at a selected maturity. Inspect every leg, margin requirement and cost before trading.
Options-based exposure. These are call–put combinations, not listed dated-futures contracts. Both legs require Derive margin and can be liquidated before expiry. A separate dated-futures execution integration is not enabled.
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02 / DEFINE YOUR EXPOSURE
Synthetic long
Choose an expiry and build your structure. Contracts remain visible if their price feed is unavailable.
EXPIRY SCENARIO
See the whole position
Your payoff curve appears when all legs have current reference prices.
Expiry scenarios assume the complete structure is held to settlement. Reference premiums are not executable quotes. Fees, liquidation and early-close costs can change the result. A bounded expiry payoff does not guarantee a bounded account loss.
CONTINUE WITH CONFIDENCE
Activity & recovery
Connect the owning wallet to see saved activity on this device.
KNOW YOUR EXPOSURE
Different structures.
Different obligations.
A long straddle buys movement in either direction. A spread changes the payoff by combining bought and sold options. Synthetic futures produce linear exposure at expiry. Selling options creates margin obligations.
How does atomic execution work?
Bitpont requests a quote for your exact contracts and quantities. You review the maker’s complete package and a fee cap before signing. Derive settles the accepted package atomically. There is no automatic sequential fallback if a maker cannot fill it.
Can I close or reverse a structure?
Use the option positions page to review each actual holding. You can request a new opposite RFQ for the exact remaining quantities. This is a new trade and must have available liquidity. The Reverse control alone does not guarantee a reduce-only close.
Variance and perpetual options
Dedicated variance swaps and perpetual options are not enabled here. These are options with an expiry. Buying a straddle creates volatility-sensitive exposure, not a pure variance payoff.
What happens after an interrupted submission?
The signed nonce, account and exact legs are saved before submission. An uncertain result blocks another action until matching execution history confirms the outcome. Bitpont does not automatically submit a replacement.